Gospel For Asia
Stoney Creek, ON L8G 1L9
Vice President: Vrij Lal L Raniga
Founder: Dr. Kadappilaril P. Yohannan
Charitable Reg. #: 10744 1834 RR0001
Grade: C-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #18
Avg. Compensation $34,676
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||3|
About Gospel For Asia:
Founded in 1978, Gospel for Asia (GFA) is a Texas-based charity founded by KP Yohannan. It works in India, Sri Lanka, Nepal, Myanmar, Bangladesh, Cambodia, Laos, China, and Thailand. Gospel for Asia supports more than 50 Bible colleges and supports graduates to found new congregations – Believers Church – and is active in humanitarian work and education.
GFA's mission is to be followers of Christ and to fulfill the Great Commission among the unreached in Asia through training, sending out and assisting qualified laborers in partnership with the Body of Christ. GFA trains and sends national missionaries to reach out into areas and to meet people who have never heard the name of Jesus Christ. GFA brings aid and hope to some of the most downtrodden people in the Eastern Hemisphere.
Gospel for Asia carries out its services through various programs such as Compassion Services, Radio in Asia, clean water, flood relief, bible colleges and children’s ministries.
Donor Advisory: In March 2016, The Toronto Star reported that Gospel for Asia Canada is the defendant in a fraud lawsuit. The lawsuit alleges that between 2007 to 2014, $94 million was sent from Gospel for Asia Canada to India. However, Gospel for Asia’s Indian affiliates have no record of receiving funds from Canada during that period. Gospel for Asia Canada denies the allegations. Toronto Star Article
Additionally, on October 6, 2015, Gospel for Asia US had its membership revoked for standards breaches in the US organization, the Evangelical Council for Financial Accountability (ECFA). Christian Today Article
Most recent information: In 2016 Charity Intelligence tried repeatedly but unsuccessfully to get more recent information to update this report on Gospel for Asia. In 2017 Charity Intelligence received the most recent audited financial statements from Canada's Charities Directorate which are for 2014! While this information is outdated, it is the most recent information available.
With annual donations of $18 million in F2014, Gospel for Asia Canada is one of Canada's Major 100 charities. In F2014, Gospel for Asia Canada’s administrative costs were 4% of revenues. Its fundraising costs were 5% of donations and are taken from the charity’s T3010 CRA filing. For every dollar donated, 91 cents go towards GFA’s programs, falling with Ci’s reasonable range. It has $3m in funding reserves which cover 18% of annual program costs, showing a need for funding.
This charity report is an update that is being reviewed by Gospel for Asia. Changes and edits may be forthcoming.
Updated on May 19, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||4.3%||5.0%||4.5%|
|Fundraising costs as % of donations||4.5%||2.0%||1.9%|
|Program cost coverage (%)||17.5%||23.3%||28.5%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(757)||(84)||1,218|